Canopy Growth Corporation (CGC): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

Canopy Growth Corporation (CGC)

219 + Investors. Track Smart Money conviction in CGC. See who's accumulating, reducing, or initiating positions.

Smart Money Signals — CGC

Based on 221 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q

For 3 consecutive quarters, more hedge funds added CGC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

🏔️

At the ownership peak (100% of max)

100% of all-time peak

221 hedge funds hold CGC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.

📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q

+20 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.

🟡

Slight buying edge — 50% buying

79 buying79 selling

Last quarter: 79 funds bought or added vs 79 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter

Funds opening this position for the first time: 30 → 39 → 53 → 37. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.

📌

Mixed — 39% long-term, 32% new

■ 39% conviction (2yr+) ■ 29% medium ■ 32% new

Of the 221 current holders: 86 (39%) held >2 years, 65 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

💎

Buying through price weakness — shares -31%, value -79%

Value

-79%

-30%

Last quarter: funds added -31% more shares while total portfolio value only changed -79%. Institutions were buying while the price was falling — a high-conviction accumulation signal. They're deliberately loading up on the dip.

📈

Growing discovery — still being found

30 → 30 → 39 → 53 → 37 new funds/Q

New funds entering each quarter: 30 → 39 → 53 → 37. A growing number of institutions are discovering CGC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🏛️

Veteran-anchored — 44% veterans vs 37% newcomers

■ 44% veterans ■ 19% 1-2yr ■ 37% new

Entry-cohort mix of 233 holders: 103 (44%) are 2+ year veterans, 44 entered 1–2 years ago, and 86 (37%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

✅

Strong quality — 36% AUM from major funds

36% from top-100 AUM funds

21 of 217 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

4.0

out of 10

Moderate Exit Risk

Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	219	218	0.46%
13F Shares	36M	51M	-30.67%
Total Value	$34M	$164M	-79.27%
New Positions	36	53	-17
Increased Positions	38	39	-1
Closed Positions	35	42	-7
Reduced Positions	45	44	+1
Total Calls	9	12	-25.0%
Total Puts	7	8	-12.5%
PUT/CALL Ratio	0.78	0.67	Neutral

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

219

218

0.46%

13F Shares

36M

51M

-30.67%

Total Value

$34M

$164M

-79.27%

New Positions

-17

Increased Positions

-1

Closed Positions

-7

Reduced Positions

Total Calls

-25.0%

Total Puts

-12.5%

PUT/CALL Ratio

0.78

0.67

Neutral

Institutional Holders (2026 Q1)

219 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in CGC. Verified SEC 13F-HR filings.

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 CGC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Sullivan Wood Capital Management LLC	1.42%	854,285	$811K
2	Luminus Management LLC	0.32%	550,000	$522K
3	SLT Holdings LLC	0.14%	220,000	$209K
4	AdvisorShares Investments LLC	0.05%	289,683	$275K
5	Baader Bank Aktiengesellschaft	0.02%	347,960	$291K
6	Tidal Investments LLC	0.02%	8,479,893	$8.0M
7	SBI Securities Co., Ltd.	0.02%	616,868	$586K
8	Genesee Capital Advisors, LLC	0.02%	40,047	$38K
9	Lake Street Private Wealth, LLC	0.01%	115,050	$109K
10	Scientech Research LLC	0.01%	14,430	$14K
11	Two Sigma Securities, LLC	0.01%	99,372	$94K
12	Granite Islands Private Wealth, LLC	0.01%	10,905	$10K
13	SIG North Trading, ULC	0.01%	465,493	$442K
14	SIG North Trading, ULC	0.01%	465,000	$442K
15	PCG Wealth Advisors, LLC	0.01%	28,440	$27K
16	PFS Partners, LLC	0.01%	15,350	$15K
17	Gmt Capital Corp	0.01%	138,459	$131K
18	SIG North Trading, ULC	0.01%	298,500	$284K
19	Greenberg Financial Group	0.00%	10,017	$10K
20	Leonteq Securities AG	0.00%	75,089	$99K
21	Marathon Trading Investment Management LLC	0.00%	111,100	$105K
22	Lazard Asset Management LLC	0.00%	1,807,986	$1.7M
23	Federation des caisses Desjardins du Quebec	0.00%	795,987	$747K
24	Foundations Investment Advisors, LLC	0.00%	220,022	$209K
25	Insigneo Advisory Services, LLC	0.00%	38,475	$36K

Investor	Ownership History	% of Portfolio	Prev %	Rank	Conviction	Avg Buy Price	13F Score™ 3Y / 7Y	Sell Timing	Shares	Mkt Value	Change	Change %	Source	Quarter	Filed

Frequently Asked Questions — Canopy Growth Corporation (CGC)

What does the Smart Money Trend signal show for CGC?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added CGC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for CGC?

Slight buying edge — 50% buying: Last quarter: 79 funds bought or added vs 79 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for CGC holders?

Strong quality — 36% AUM from major funds: 21 of 217 holders rank in the top 100 by AUM, accounting for 36% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held CGC?

Mixed — 39% long-term, 32% new: Of the 221 current holders: 86 (39%) held >2 years, 65 held 1–2 years, and 70 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Canopy Growth Corporation (CGC) following the 2026 Q2 hedge fund 13F filings?

Since the quarter end (June 30, 2026), CGC has gained -3.2% vs +3.0% for XLV. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

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Canopy Growth Corporation (CGC)

Smart Money Signals — CGC

Buying streak — 3 quarters in a row

At the ownership peak (100% of max)

Steady growth — +10% more funds vs a year ago

Slight buying edge — 50% buying

Fewer new buyers each quarter (-16 vs last Q)

Mixed — 39% long-term, 32% new

Buying through price weakness — shares -31%, value -79%

Growing discovery — still being found

Veteran-anchored — 44% veterans vs 37% newcomers

Strong quality — 36% AUM from major funds

Institutional Sentiment Summary — CGC

Hedge Fund Ownership: CGC

Market Analysis: CGC

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: CGC

Is It Too Late to Buy Canopy Growth Corporation (CGC) Based on Hedge Fund 13F Filings?

Hedge Fund Positioning: CGC

Statistics: CGC

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Canopy Growth Corporation (CGC)

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